Expenses consistently low relative to revenue and assets.
Spending Breakdown
How Frey Family Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Frey Family Foundation Inc
Is Frey Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Frey Family Foundation Inc (EIN: 205973984) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Frey Family Foundation Inc a good charity to donate to?
Frey Family Foundation Inc has a Mission Score of 92/100. Revenue: $1.4M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Frey Family Foundation Inc?
The Employer Identification Number (EIN) for Frey Family Foundation Inc is 205973984. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Frey Family Foundation Inc spend its money?
Frey Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Frey Family Foundation Inc's tax-exempt status?
You can verify Frey Family Foundation Inc's tax-exempt status using EIN 205973984 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Frey Family Foundation Inc. demonstrates consistent financial stability, with assets steadily growing from $705,064 in 2011 to $1,243,237 in 2023. The organization consistently reports minimal liabilities ($1 across all filings), indicating a strong balance sheet and low financial risk. Revenue has fluctuated, with a notable peak of $239,619 in 2021, but expenses have remained relatively stable and low, typically ranging from $35,925 to $69,808 annually. This suggests efficient operations relative to its asset base.
The foundation's spending efficiency appears high, as expenses are consistently well below revenue in most years, allowing for asset growth. A key indicator of strong financial health is the consistent reporting of 0% officer compensation across all available filings, which suggests that the foundation's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, contributing to lower overhead. The consistent filing of IRS Form 990 over a decade also indicates a commitment to transparency.
Given the nature of a family foundation (NTEE Code T22 - Private Grantmaking Foundations), the primary 'program' activity is typically grantmaking. Without detailed expense breakdowns beyond total expenses, it's challenging to precisely determine the program spending ratio. However, the low overall expenses relative to assets and revenue, coupled with zero officer compensation, implies that a significant portion of available funds, after administrative costs, would likely be directed towards its charitable purpose, which is typical for a grantmaking entity.